Movers and SHAKERS
Kratos Awarded New U.S. Air Force Program of $17.6 Million to Develop and Test Jet UAS for Manned-Unmanned Teaming
The OBSS program includes an optional subsequent 15-month Manufacture and Demonstration period. With the base and option awards, total contract to Kratos would be
The OBSS vehicle is intended to be an affordable, highly modular conventional takeoff and landing jet-powered UAS. The Kratos OBSS solution incorporates innovative manufacturing techniques that enhance its ability to not only provide significant performance for sensor extension missions for manned jet aircraft, but also will accommodate significant offensive weapons volume to also act as a weapons bay extension for manned aircraft. OBSS is a new addition to the Kratos family of low-cost Autonomous Collaborative Platforms (ACP) designed to employ weapons, sensors, and other effects that generate affordable, force multiplier combat power with a forward force posture. Kratos’ industry leading digital engineering (DE) framework for high performance jet UAS will be used to develop, mature, leverage, and integrate system-ready technologies and supplement its DE framework with prudent early ground and flight demonstrations and experiments.
Kratos Unmanned Systems Division is a leading provider of high performance unmanned aerial drone and target systems for threat representative target missions to exercise weapon, radar, and other systems; and tactical aerial drone systems for strike/ISR and force multiplication missions.
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 27, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.